Topic: IDEAL: no ICOs, no proof-of-work, no proof-of-stake, no governance, and no forks - page 2. (Read 6519 times)

so, no coin at all? should we just stay with FIAT then?
lol

if you are completely against this system, you should have a better solution, shouldnt you?

STOP spamming my thread with your nonsense shitcoin promotion. If you have something specific to say about the OP, please post. Otherwise please do not post again in this thread.

You're seeing signs of a self funded startup, over two years in, distributed at low value to people who agree with the ethos, providing the equivalent level of security of funds as other crypto-currencies on next to no energy consumption.

This is a real world evolution of the technology - it's not perfect, but it is doing the best we could as pragmatically as possible with what was available to us - and it is that fact which has clear synergy with what is proposed in this discussion.

We have the same security as PoS but there is no extra chainsize burden. It's not the number of people hashing it's the fact that they can hash that is important.

Troll's account is used for one purpose and one purpose only. He's been able to demonstrate no achievements whatsoever, and after countless attempts to appease and reason with him we have had no option other than to ignore him and continue to delete his arbitrary posts on our thread.

Do drop by: https://bitcointalksearch.org/topic/carbonsm-carboncoin-for-a-greener-future-efficientsecuresustainable-1131250

quote from OP:

ICOs enable insiders to buy from themselves, creating a non-free market distribution of the money supply, thus manipulating all the market parameters and effects creating a controlled, non-free market.
https://bitcointalksearch.org/topic/m.15340159
https://bitcointalksearch.org/topic/m.15343686

The solutions to the catpchas can't be decentralized. Someone has to create them. If you created them publicly (e.g. randomized entropy from the proof-of-work mining), then no one needs to solve them.

It has been dead.  It just got delisted for lack of volume from ccex and is only on one exchange that just had a period of 48+ hours of no transactions.  There is 0 buy orders and there is no pairing for a lower value coin.  The original ANN is shutdown and DEV is delusional.  I called him out for his coin being ran by a single raspberry pi but he denied it.  CARB is supposed to be about carbon offsetting but he really cant back up any claims on how this is done at all. He has a picture of some trees planted on farm land and claims it's a forest that was paid for with these coins.

Hmm,
1st I have ever heard of this carbon coin , but
It seems to be Proof of Work using scrypt algo

Difficulty   0.00972089  at Block Height 643807  Date/Time= 2016-06-23 10:35:59
Difficulty    0.00972089 at Block Height  643808  Date/Time= 2016-06-23 20:09:03

At the current post time there are only 10 connections Network Clients seen in the last 24 hours
However at current post time there is Only 1 Active Pool/Miner
https://chainz.cryptoid.info/carbon/#!extraction

Easy Answer their were 0 PoW miners active or the miners did not have enough processing power to overcome the difficulty level, during the block gap.
Also would speculate that there is not enough Hash Power being used with this coin to keep a 100 second block time at its current difficulty level.

After a closer look at the difficulty #s , carboncoin's difficulty only changes every 11 or 12 blocks .
So its basically needs more mining power or the dev needs to set the difficulty to update every single block instead of every ~12 blocks.
Signs of a dying PoW coin, IMO .

 

You just reinvented the Free coin Faucet. 
Only variable is how much you seed the faucet with.
http://cryptoguru.tk/Faucet/index.php?Currency=ZEIT

 

how about a distribution model using captchas or something similar?

ICO's are the best to make money on in crypto. Most of my ico investments have done 2x or more.

Says the so called dev of a copy paste clone that recently had the chain stop for hours!!!  His shitcoin has a block time of 100 seconds and he cant explain this:

643809   2 hours 18 minutes
643808   2 hours 23 minutes
643807   11 hours 56 minutes
643806   12 hours 30 minutes
643805   13 hours 10 minutes
643804   13 hours 11 minutes
643803   13 hours 35 minutes
643802   13 hours 52 minutes
643801   18 hours 57 minutes

Ethereum hard forks and violates the entire raison d'être of block chains:

Not pumping, just lots to discuss. Didn't mean to offend you, but shitcoin pretty offensive! Actually asked you if it was ok in our pm conversation, you didn't object - you probably should have

DPOS is an innovation. I am not trying to imply it has no worth. It may be the best for scaling that is available right now.

Since the ordering of the nodes which can produce each block (aka 'witnesses') is known a priori, then yes this information must be public otherwise the other nodes (even non-witness nodes) wouldn't know which witnesses has the right to produce that block.

I agree that a witness could in theory set up many IP addresses on many hosts to absorb DDoS attacks, but this is very expensive if every witness has to duplicate all this infrastructure. And so naturally it force the witnesses to collude to share costs, so then you no longer have a decentralized, permissionless system.

Also PoS (including DPoS) is basically a permissioned, centralized system, because the whales will control it.

If we just wanted a centralized, persmissioned system, then we don't need block chains. We could do that more efficiently. We have it already, it is named Paypal.

The only way you scale this globally, is if nobody owns it. This is why Paypal can't disrupt the existing financial structure of the world. Too many vested interests fighting turf battles.

So yes, you will need my design.

I already know what I have. The only issue is my health. I am fighting very hard to overturn a chronic health condition. 3 hours nonstop in the gym yesterday, then running in the evening, then running again this morning. Had my entire body coated in 25% oregano oil, turned red. Totally exhausted in the evening, slept like a rock could barely move. Jumped out of bed full of energy. Age 51, my eyes totally blurred when I get off the computer can't even see anyone's face. Got off the computer for 2 days and  could start to see again.

So I won't be posting much. I am in a battle right now and the only thing that matters now is action. I don't know if this old body, eyes, health of mine is going to perform or not. But now I am just going to be off this forum and fighting for it with 110% effort.

Thx.


5 posts in a row pumping your shitcoin in this thread.

@iamnotback I do not want to quote your large DPOS statement however I do have a few questions.  You understand code and crypto better then most of us.

The BitShares website states that the block witnesses are shuffled based on two different criteria.  "The slate of active witnesses is updated once every maintenance interval (1 day) when the votes are tallied. The witnesses are then shuffled, and each witness is given a turn to produce a block at a fixed schedule of one block every 2 seconds. After all witnesses have had a turn, they are shuffled again. If a witness does not produce a block in their time slot, then that time slot is skipped, and the next witness produces the next block."

Is there something in the code or explorer that would let us know exactly which witness is set to produce the next block ahead of time?  Even with a DDOS, a witness should have multiple instances ready to take over on different physical machines/locations.  That should mitigate that attack vector.  Granted if EVERY witness were unable to produce a block, the network would come to a halt and users would not be able to cast a vote (transaction) to vote in new witnesses.  The chances of that happening I would believe are very slim.  According to the documentation stake holders can increase the number of witnesses by vote.

You do have a home run point about PoW in that anyone at anytime can setup a full node etc...  Hurry up and code!!!

To be honest, I actually disagree with all of OP points. The only thing what is missing, is the free secured (unforked, tamperproof) trade between them that is not item of speculation or profit, manipulation, ownership etc itself. Unfortunately that seems impossible to me, but obviously I know very little about it also or in any case or whatever  

You could take over some coin that is already trading on a good exchange that needs a developer and has a way of funding development as the price rises.I know of one that has been community ran from day one without 1 cent raised for development yet has traded on poloniex for over 2 years and continues to be developed by the community.They also have a fund that stakes coins that autonomously allows the coin to pay for its own development and it switches from pos to pow if nescessary.It is also ran over tor and has messaging in the wallet and are looking to develop a mobile version but they cant get anyone who is able to do the messaging etc on android.Any developer would have a free reign to experiment and the coin already has a good ticker and name.Just an idea of course.

Help wanted

There is a real world analogue in the conventional financial system for raising funds while growing the ecosystem - can you guess which coin's been using it all along?

Ok granted I'm plugging my currency too, but what is proof of importance in 2 sentences?